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Customers Bancorp Director Receives 625 Shares as Q3 2025 Compensation

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

T. Lawrence Way, a director of Customers Bancorp, Inc., was issued 625 shares of common stock on 09/15/2025 as director compensation in lieu of cash for Q3 2025 at a reported price of $67.85 per share. Following the issuance, the reporting person beneficially owned 124,553 shares. The Form 4 was signed on 09/25/2025 by Andrew Sachs under power of attorney.

Positive

  • 625 common shares issued to the reporting person as director compensation for Q3 2025 (explicitly stated)
  • Beneficial ownership increased to 124,553 shares following the reported transaction (explicitly stated)

Negative

  • None.

Insights

TL;DR: Director received 625 shares as compensation, raising reported beneficial ownership to 124,553 shares; routine disclosure with limited market impact.

The filing documents a non-derivative grant of 625 common shares to reporting person T. Lawrence Way on 09/15/2025 executed as director compensation in lieu of cash at a reported price of $67.85 per share. The report shows total beneficial ownership of 124,553 shares after the transaction. This is a standard Section 16 disclosure of insider compensation and beneficial ownership; the filing contains no additional transactions, sales, or derivative activity.

TL;DR: Routine insider compensation disclosure; grant was signed under power of attorney and properly reported on a Form 4.

The Form 4 indicates the shares were issued in lieu of cash for Q3 2025 director compensation and the signature was provided via power of attorney (Andrew Sachs) on 09/25/2025. The filing lists the reporting person as a director and a single reporting person filed the form. There are no statements of indirect ownership or complex instruments; disclosure is straightforward and limited to the single issuance event.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Way T Lawrence

(Last) (First) (Middle)
701 READING AVENUE

(Street)
WEST READING PA 19611

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Customers Bancorp, Inc. [ CUBI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
09/15/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 09/15/2025 09/15/2025 A 625(1) A $67.85 124,553 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. This stock was issued to the reporting person in lieu of cash for director compensation for Q3 2025.
Remarks:
/s/ T. Lawrence Way by Andrew Sachs Under Power of Attorney 09/25/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did T. Lawrence Way report on the Form 4 for CUBB?

The Form 4 reports issuance of 625 common shares on 09/15/2025 issued as director compensation in lieu of cash at a reported price of $67.85 per share.

How many shares does the reporting person beneficially own after the transaction?

The reporting person beneficially owned 124,553 shares following the reported transaction.

When was the Form 4 signed and by whom?

The Form 4 was signed on 09/25/2025 by Andrew Sachs under power of attorney for T. Lawrence Way.

Was the issuance related to cash compensation or stock compensation?

The filing explicitly states the stock was issued in lieu of cash for director compensation for Q3 2025.

Did the Form 4 disclose any derivative securities or option activity?

No. The Form 4 includes only a non-derivative issuance of common stock and contains no derivative securities or option transactions.
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